January 20, 2023 | GOP Wants End to Income Tax and Extra Auditors
Could Central bank actions make rich richer, poor poorer?
January 20, 2023 | CEO Discusses Positive Momentum For RecycLiCo™
Read the Latest News. Read KaneBridge News Article – “EVs Made Up 10% of All New Cars Sold Last Year“. Read Globe and Mail Article – “Canada Poised To Become World’s Preferred Source for EV Batteries“. Video – The demonstration plant for the RecycLiCo™ Patented Process is now operational in Vancouver, British Columbia, Canada. Questions? Email or […]
January 19, 2023 | Zelensky’s Propaganda Productions
@rhto007♬ original sound – R/olim Manito This reminds me of one of my favorite movies about how corrupt it really is in DC Wonderland. It’s a great flick!
January 19, 2023 | Is China Recovery Good for Canada?
US debt ceiling, Japan Yield Curve, Russia/Ukraine
January 19, 2023 | Energy Security, World Economic Forum
Could Ground Hog Day be important for markets? Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
January 19, 2023 | Why Financial Busts Aren’t Necessarily All Bad
Is Tesla about to crash and burn?
January 19, 2023 | Gold, Platinum and Palladium, Job Cuts
Self driving cars, Crude Oil, Natural Gas
January 18, 2023 | Solving the Debt Crisis the American Way
On Friday, Jan. 13, Treasury Secretary Janet Yellen wrote to Congress that the U.S. government will hit its borrowing limit on Jan. 19, forcing the new Congress into negotiations over the debt limit much sooner than expected. She said she will use accounting maneuvers she called “extraordinary measures” to keep U.S. finances running for a few months, […]
January 17, 2023 | AI Turning Point?
Recent news headlines and stories have brought an amazing Artificial Intelligence (AI) app much closer to mainstream than AI has ever been before. ChatGPT was created by OpenAI, a San Francisco based AI development company. OpenAI Inc. is the non-profit parent company of the for-profit OpenAI LP. ChatGPT is still being offered as a free-to-try […]
January 16, 2023 | The Majority MUST Always be Wrong
Following the crowd of what is popular and supposed to be the cutting edge of investment, Robert Belfer, the oil Barron, lost billions with ENRON and then Bernie Madoff. Then he became a shareholder in FTX. With a track record like that, you certainly would be firing your financial adviser. The inside joke about […]
January 15, 2023 | Hangover Time for Used-Vehicle Dealers. For Buyers, Patience Will Pay Off
The used-vehicle market now has a huge hangover: The price spike from August 2020 till early 2022. Over this period, retail prices spiked by mind-boggling ridiculous amounts – 40% per the average used vehicle listing price, according to Cox Automotive; 53% per the used-vehicle CPI, according to the Bureau of Labor Statistics – though there […]
January 14, 2023 | Trading Desk Notes For January 14, 2023
Markets are expecting the Fed to cut rates this year, but the Fed says, “Don’t count on that.” This is the current SOFR (Secured Overnight Financing Rate) forward curve. It trades at a discount to par (zero interest rates), so a price of 95 implies a 5% rate. This chart shows that the market expects […]
January 14, 2023 | This Week in Money
- Ross Clark – Stock Markets, USD, Canadian Dollar, Crude Oil, Coffee
- John Kaiser – (10:34) Junior Mining, Precious Metals, Bottom-Fish
- Ed Steer – (1:08:13) Gold, Silver
January 13, 2023 | Inflation is Not Going Away Any Time Soon
Inflation as measured by the CPI is moderating but it is not likely to hit the Federal Reserve target of 2 percent soon, despite a widespread and growing belief to the contrary. A popular narrative about inflation: The surge was caused by the war in Ukraine, COVID relief government spending and supply chain disruptions and, […]
January 13, 2023 | Global Political Instability
Global Markets Uncertainty
January 12, 2023 | Davos 2023 – the A Threat to the Entire World?
QUESTION: Marty, I think Schwab’s great reset is all about your 2032. He seems to be a Socrates subscriber and is just trying to manipulate the outcome in his direction. What do you think? Joe ANSWER: I know, Many people have noticed this trend. This is coming up more and more. Back in 1983/1984, […]
January 12, 2023 | Bitcoin, Gold, US Dollar, Stock Markets
Interest Rates, Inflation. Special Offer! Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.
January 12, 2023 | Stock Markets, Copper, Gold, Silver
Crude Oil, Robinhooders
January 11, 2023 | This Housing Bust is Global
Canada led the world in the most egregiously inflated home prices in the past few years, but New Zealand, Australia and Sweden were other top-risk contenders. Now high debt levels are having similar demand and price-depressing impacts in many countries all at once. See Sweden is facing its ‘day of reckoning’ as house prices plummet: “We […]
January 10, 2023 | Real Estate Prices Typically Contract for Years After Bubbles Burst
In the first quarter of 2021, residential ‘investment’ in Canada (real estate commissions, construction of homes, significant renovations, and ownership transfer costs) comprised some 9% of Canada’s GDP, while business investment plunged. US residential investment peaked at 6.7% in 2006 before that epic bubble burst. We have noted repeatedly that Canada’s exuberance in real estate was an unsustainable […]
January 9, 2023 | Special Note
(Special note – I hadn’t planned to publish this article to subscribers I sent as part of my twice-weekly subscription service ($34.95 per month), but a most trusted advisor, Jim Cook from Investment Rarities, Inc., strongly suggested I do so. Since Cook has never failed to provide solid advice for more than 20 years, I […]
January 8, 2023 | Wild Ride of US Auto Sales in 2022 below 1977. Charts for GM, Toyota, Ford, Stellantis, Hyundai-Kia, Honda, and Nissan oh Dear
The thing about new vehicle sales in the US is that even in good years, they’re bad, and in bad years, they’re terrible. In 2022, total new vehicles delivered to retail customers and fleets (dominated by rental fleets), fell by 8% from the already terrible 2021, to 13.7 million vehicles, below where deliveries had been […]
January 7, 2023 | Trading Desk Notes For January 7, 2023
“What’s the Fed going to do?” was the Big Question in 2022, but it won’t be the Big Question in 2023 The Fed raised short-term interest rates aggressively in 2022. The yield on the 2-year Treasury soared from ~0.9% in early January to ~4.7% in November – the highest yield in 15 years. Looking one […]
January 7, 2023 | This Week in Money
- Ross Clark – Stock Markets, Interest Rates, USD, Canadian Dollar, Crude Oil, Gold
- Martin Armstrong – (8:17) Real Rate of Inflation 32%
- Victor Adair – (38:40) Interest Rate Hikes, Tesla, Apple, Bonds, Energy, Gold
- Zarko Meseldzija – (1:10:50) CEO RecycLiCo™ Battery Materials Inc. – on Company Showcase – RecycLiCo™ is Well-Positioned to Take Advantage of Many Exciting Lithium-Ion Battery Recycling Opportunities on the Horizon. Read Benchmark Minerals Article – “Investment in Battery Gigafactories Nears $300 Billion Since 2019 as China Extends Battery Dominance“. Read FastMarkets Article – “US Dives into Lithium Battery Recycling: 2023 Preview“. Read MIT Technology Review Article – “What’s Next For Batteries“. Video – The demonstration plant for the RecycLiCo™ Patented Process is now operational in Vancouver, British Columbia, Canada. Questions? Email or Phone: 778.574.4444
January 6, 2023 | Speculation on Interest Rates and Inflation in 2023
Speculation on the direction for interest rates will dominate stock market chatter in the first half of 2023. In November 2022 market participants had started to anticipate a decline in inflation which would allow the Federal Reserve to drop interest rates, leading to a new bull market in stocks, bonds and housing. Will interest rates […]